Medical Research
(H41)
IRS Verified
DX Registered
990 on File
PROJECT VISION HAWAII
Financial strength (30%)
69/100
Reliability (20%)
50/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$11.9M
Total Revenue
$11.7M
Total Expenses
$1.5M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
90.5%
Fundraising Efficiency
N/A
Operating Reserve
1.50x
Liability-to-Asset
70.7%
Revenue Diversification
92.4%
Executive Compensation
$159K
Compared with Peers
FY 2024
Compared with 98 similar organizations
(United States, Medical Research, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
90.5% | 82.0% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
7.6% | 12.7% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.8% | 0.7% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
1.5 mo | 14.5 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
70.7% | 21.3% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.4% | 90.8% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
95.3% | 9.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
77.5% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
1.5% | -1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $11.9M | $11.7M | $1.5M | 90.5% | 0 |
| 2023 | $6.1M | $6.6M | $1.5M | 89.3% | 119 |
| 2022 | $5.3M | $5.4M | $2.1M | 82.7% | 96 |
| 2021 | $5.4M | $4.1M | N/A | — | 59 |
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